Best 3-Year Registered GIC Rates

Rates subject to change, updated: February 22, 2019 9:23 AM

If you want to invest in a registered savings deposit, but don’t know where to start, you may want to consider one of the many registered GICs that exist today. We shop all financial institutions, so you can compare all the best registered GICs in Canada. Find the registered GIC product that best serves your needs and we’ll help you open it.

Did you know that rates differ significantly between financial institutions, and within the various channels / methods where you purchase? Browse our Education Centre to learn about the GICs that best suit your saving needs.

Show me the free promotional offers!

GIC Rates that are eligible for a promotional offer are marked throughout the comparison chart with a promotional offer icon such as or . Click this box to show only GIC Rates that contain free promotional offers. For gift card FAQs and Terms & Conditions click here.

About Oaken Financial

Oaken Financial provides banking alternatives as a direct-to-consumer business. Its parent company, Home Trust, is Canada’s largest independent trust company. The company provides premium GIC rates. Oaken’s GICs can be purchased online, over the phone, or at one of its branches. Currently, Oaken Financial has branches in Toronto, Vancouver, Calgary and Halifax.

Oaken Financial's GIC rates

Oaken Financial currently offers the highest rates on non-registered GICs, which can be purchased by opening an account. The GIC term lengths vary between 30 days and 5 years. If you want to receive the interest before maturity, you can choose whether you want interest payments to be made to you monthly, semi-annually or annually. Lastly, the investment in any non-registered GIC must be at least $1,000. Oaken also offers cashable GICs, which offer slightly lower rates than its non-redeemable GICs. Additionally, you can also purchase registered GICs in a registered retirement income fund (RRIF), tax-free savings account (TFSA), or registered retirement savings plan (RRSP). These registered GICs also have competitive rates but the minimum investment increases to $2,500.

Compare other Oaken Financial products

Not only does Oaken Financial offer the most competitive non-registered GIC rates, but it also provides premium savings rates through the Oaken Savings Account.

Get the best GIC rates

While Oaken Financial offers high interest rates on non-registered GICs, you may be interested in learning more about GICs from other Canadian GIC providers. You can view a variety of provider rates with the Ratehub.ca GIC comparison tool
and see how Oaken Financial’s rates compare with its competitors.